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How To Ace Public Service Loan Forgiveness

Source Date: 
Monday, February 27, 2017

If you qualify for student loan forgiveness, then you potentially can save thousands of dollars on your student loans.

If you work in public service, in particular, then Public Service Loan Forgiveness is a must-know program for your financial life.

However, the requirements can be confusing.

So, let's simplify it for you. Here is a go-to guide on how to qualify and apply for Public Service Loan Forgiveness:

What Is Public Service Loan Forgiveness?

The Public Service Loan Forgiveness Program is a federal program that forgives federal student loans for borrowers who are employed full-time (more than 30 hours per week) in an eligible federal, state or local public service job or 501(c)(3) non-profit job who make 120 eligible on-time payments.

"Bankruptcy laws allow companies to smoothly reorganize, but not college graduates burdened by student loans."
– Robert Reich
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